Episode 72: Going up! Then what?

14/04/2021 34 min Episodio 72

Listen "Episode 72: Going up! Then what?"

Episode Synopsis

Simon and Stuart talk about recent news of some unusually high numbers in the property market.
The discussion this week included:
* UK residential transactions in February 2021 is 147,050, 48.5% higher than February 2020 (https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary).
* Pressure from the stamp duty holiday vs real market demand.
* Pandemic effects on the property market.
* What might the property market look like over the next year.
* Over 9 million Rightmove visits in a day (https://www.rightmove.co.uk/press-centre/busiest-ever-day-as-buyers-rush-to-make-use-of-stamp-duty-holiday-5-deposits/).
* How long will the current level of demand last?
* Lots of local variation in the property market.
* ROI (https://docs.patma.co.uk/glossary/buy-to-let-roi/).
* Timing the market for your re-mortgage.
* Zombie mortgages.
* Look out for standard variable rate!
* Recycling investment cash.
* Valuation flukes.
Please leave us a rating and review if you're enjoying the show.